Michigan AG asks Chinese battery maker Gotion to return $23.7 million after defaulting on US plant
ReutersJan 30, 2026 6:34 PM
WASHINGTON, Jan 30 (Reuters) - Michigan Attorney General Dana Nessel on Friday asked Chinese battery company Gotion 002074.SZ to return $23.7 million in state funds the company received after the company last year abandoned a plan to build a $2.4 billion plant in Michigan to produce key materials for electric vehicle batteries.
The plan, first announced in October 2022, was expected to create 2,350 factory jobs but came under criticism from some lawmakers for the company's Chinese ownership.
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